Dynamic BTC min deposit fee

CoinsPaid

Home Login

Search…

General description

Integration guide

API Documentation

Confirmations and limits

Crosschain recovery policy

Dynamic BTC min deposit fee

Dynamic BTC min deposit fee

As the mining fees for BTC are always changing, we have adopted a dynamic BTC minimum deposit fee approach instead of a “one size fits all” model. In this model we cover all mining fees for BTC ourselves and the merchant is only subjected to a minimum deposit fee.
The minimum deposit fee applicable to BTC will depend on the average transaction fee of the previous week. The table below can be used as a guide for the price brackets and the minimum deposit fee that will be applicable. 
Avg transaction
fee in USD
for the previous
week
​
Min deposit
fee applicable 
in EUR
From
To
​
0
7
0.7
7
15
1.5
15
25
2.5
25
35
3.5
35
50
5
50
60
6
60
70
7
70
100
10
100
200
20
200
300
30
300
500
50
500
1000
100
Should the average fee remain in the same bracket, the min fee applicable will remain the same. In the eventuality of a shift in the average transaction fee bracket we will inform our merchants via email and telegram. The minimum deposit fee change shall always be applied on Wednesdays at 10:00 UTC following the notifications sent on Mondays. 

Average transaction fee prices can be checked on: https://www.blockchain.com/charts/fees-usd-per-transaction

Crosschain recovery policy

Discount system

Last modified 1yr ago

Copy link